5759 Crater Lake Highway
Industrial | 7.01% CAP | 14,000 SqFt
Marketing description
Net Leased Investment - 5759 Crater Lake Highway, a corporate-guaranteed, single-tenant net leased industrial asset in Central Point, OR. Situated on 3.51 acres, the Property is leased to Roofline Supply, a subsidiary of SRS Distribution, through 2/14/2031 following two lease extensions. The ±14,000 SF CMU building includes a public sales and service area, two warehouse sections with racking and efficient forklift flow, and two mezzanines totaling ±2,000 SF with offices, breakroom, and storage. Access includes (5) 12'x14' and (1) 12'x7' grade-level doors. A major highlight is the ±2.36-acre fenced, level, graveled yard with rear and side-drive access, plus 26 paved parking stalls. The Property enjoys ±210' of frontage on Hwy 62, a large dual-sided lighted monument sign, full-movement access driveway, and visibility to ±29,572 VPD. Located in a federal Opportunity Zone.
Notice: No warranty or representation, express or implied, is made as to the accuracy of the information contained herein; all information contained herein is subject to your independent verification.
Investment highlights
- Corporate-Guaranteed Lease - 5759 Crater Lake Highway is fully leased to a long-term single tenant, Roofline (subsidiary of SRS), a nationally recognized distributor of roofing materials and building products showing commitment to the Property through multiple lease extensions, providing historically stable yield to investors seeking industrial exposure.
- Excellent Location - The Property is strategically located on Crater Lake Highway a main arterial in the Rogue Valley. 5759 Crater Lake Highway is also an 8-minute or 4-mile drive to Interstate 5 access, and also enjoys monument signage and one large unimpeded left or right-turn driveway off of Crater Lake Highway.
- Fully Secured Yard Space - 5759 Crater Lake Highway benefits from a large ±2.36 acre yard with secure fencing and gate systems. The yard space is suitable for storage and is currently extensively used by the tenant. The yard is primarily gravel with some paving located near the designated loading areas on the western side of the building, and is a strong highlight for the current, and any future tenants, if ever needed.
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